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John Goddard and John O. S. Wilson

Banks are of central importance for economic growth, the allocation of capital, competitiveness, and financial stability. Propelled by technological advances in financial analysis and ...
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Banks are of central importance for economic growth, the allocation of capital, competitiveness, and financial stability. Propelled by technological advances in financial analysis and financial deregulation, the banking industry’s investment played a key role in enhancing national economic growth in the early 21st century. Banking: A Very Short Introduction explores the world of banking, describing the role of central banks in national and global economies, and analysing the increasing supervision and regulation imposed on the banking industry in light of the recent global financial crisis. Looking to the future, it considers proposals for reform of the banking industry, and the prospects of a resolution of the closely-related banking and sovereign debt crises.Less